This is a discreet change to this 2024 declaration: the Macron premium, or exempt value sharing premium, is one of the pre-filled lines. Last year, the DGFiP was not able to make your task easier. You must still check the amount by referring to your last pay slips for the year 2023… because this Macron bonus hides some subtleties.
When completing your income tax return, this may be a question you ask yourself: should I declare the Macron bonus received last year? No false suspense: yes! Of course, the bonus for sharing the exempt value is tax-free… but the tax authorities include it in the calculation of your reference tax income (RFR). Good news: unlike last year, the dedicated box is now pre-filled.
A box now pre-filled that you must still check
Because, in the space of 6 years, this Macron bonus has changed a lot. Established at the end of 2018, to partly respond to the anger of the Yellow Vests, the exceptional purchasing power bonus (PEPA) evolved in 2022 into a value sharing bonus (PPV). But for the 2023 declaration, which related to 2022 income, the General Directorate of Public Finances (DGFiP) admitted to having been taken by surprise: As the pre-filling of the PPV is not yet possible this year, an adjustment to the format of the income declaration was produced to allow users to declare it.
For this 2024 declaration, which relates to 2023 income, the DGFiP has had time to update itself: the line exonre value sharing bonusboxes 1AD or 1BD, is now pre-filled. It is up to you, however, to check the accuracy of the amounts: you can find your 2023 Macron bonus on your pay slips for the months concerned, or possibly on your employer’s annual tax certificate.
Macron bonus in your company? Why this is not necessarily good news
A double exemption to claim
And why does the DGFiP add a check box, in 1AV or 1BV, with the mention In the event of an increase in the exemption threshold? Because there are two exemption ceilings for this premium: 3000 euros… or 6000 euros in the event of an incentive or participation agreement. If your Macron 2023 premium exceeds 3000 euros but an agreement has been signed in your company, then check the 1AV or 1BV box in order to claim the increase in the exemption threshold to 6000 euros.
An exemption that does not concern all employees
Please note: this bonus allows the employee to be exempt from income tax… if your monthly remuneration is less than 3 minimum wage, i.e. approximately 5000 euros gross per monthsince it is the value of the minimum wage in 2023 which is retained (detailed example on the Boss, Official Bulletin of Social Security).
The Macron tax-free bonus is almost over…
The value sharing bonus line will change again next year, in 2025: in fact since January 1, 2024 the Macron bonus is no longer exempt from income tax. So a bonus paid in May 2024 (declare in spring 2025 for taxes) will be taxed like the rest of your salaries. With two exceptions: you will always be exempt from tax if you choose to place your Macron bonus in an employee savings plan, or it remains completely tax-free until 2026 for employees of small companies (less than 50 employees) if their remuneration is less than 3 minimum wage.
Macron bonus, interestingly… What salary bonuses should you (or not) declare for tax?